Noted broker Larry Patrick, Managing Partner of Patrick Communications, is also a licensee of radio stations. And, he’s poised to gain control of three FMs as a court-appointed receiver, and immediately facilitate their sale to VCY America.
There’s just one small problem. The individual who lost control of the trio of radio stations, Ed Stolz, is engaging in what Patrick’s legal counsel calls “willful interference with court orders.” Now, it wants the U.S. District Court for the Central District of California Judge that’s been overseeing the case to send Stolz to jail until Patrick gets the properties and can sell them — per the court’s directive.
